This is exactly my thinking too. I had suggested “Name” before in the 21.10 beta thread because it made sense. I then realized it didn’t need any label for the Marker Edit menu and skipping out on one for that menu would be better also because the space to type could be made longer.
With the columns in the Markers panel, I go back to thinking “Name” fits best because just as you laid out, saying it out loud fits.
That’s the color of the marker.
That’s the start of the marker.
That’s the end of the marker.
That’s the duration of the marker.
That’s the text of the marker? Sounds a little awkward.
That’s the name of the marker. Sounds natural.
Also, when you think about exporting ranges and chapters, text sounds out of place.
OK, I can go with “Name” too. You are correct that “text” is a programmer perspective because there is only one text field associated with the item, and it is arbitrary whether it is a name or represents the body or other.